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What is amazing about the so called debt crisis nobody have asked who will profit from the credit rating adjustment. I believe it will be the banks. I also believe that the same people that gave the housing melt down is engineering this credit down grade. Let me explain. The banks are not going to make the money they did in the housing market. The housing market is dead (except for apartment building permits). They (the “bank”)are not making enough money playing the commodity and stock market (world wide slow down)or credit card transactions. So when we start dig are way out and want to barrow, the bank will make a good profit. You can thank Goldman Sacks and the boys. (Didnt the bank just have a meeting with the Obama before the Debt Crisis Nobody will go to Jail. Its same old, same old in DC. It will be interesting to see how much legal bribe money Obama and the rest of the Elected Elites get from the banks. Did any of the “Elected Elite” with R’s come to the defence of Tea party movement?
Short term end game: To blame this economic downturn on the Tea party movement.